K P Medicare Limited Filleted accounts for Companies House (small and micro)

K P Medicare Limited

Statement of Financial Position

31 May 2025

	2025	2024
	£	£
Current assets	687,457	648,492
Prepayments and accrued income	–	250
	---------	---------
	687,457	648,742

Creditors: amounts falling due within one year	140,440	135,737
	---------	---------
Net current assets	547,017	513,005
	---------	---------
Total assets less current liabilities	547,017	513,005

Accruals and deferred income	255	128
	---------	---------
	546,762	512,877
	---------	---------

Capital and reserves	546,762	512,877
	---------	---------

Notes to the financial statements

1. Employee numbers

The average number of persons employed by the company during the year amounted to 1 (2024: 1 ).

2. Director's advances, credits and guarantees

During the year the director entered into the following advances and credits with the company:

	2025
	Balance brought forward	Advances/ (credits) to the director	Balance outstanding
	£	£	£
K Patel	( 30,844)	( 12,277)	( 43,121)
	--------	--------	--------

	2024
	Balance brought forward	Advances/ (credits) to the director	Balance outstanding
	£	£	£
K Patel	( 53,282)	22,438	( 30,844)
	--------	--------	--------

Related party transactions Included in current assets are amounts due from related companies in which a director holds both a directorship and a shareholding, as follows: £139,000 (2024: £139,000) due from K P Properties (Yorkshire) Ltd £96,129 (2024: £96,029) due from K P Investments (Yorkshire) Ltd £20,450 (2024: £19,150) due from 20Twenty Investments Ltd During the previous year, the company wrote off a loan of £246,010 provided to K P Investments (Yorkshire) Ltd. After assessing the financial position of the borrower, the company determined that the loan was irrecoverable. As a result, the amount has been written off and recognised as a bad debt expense in the income statement. The directors confirm that appropriate consideration was given before granting and subsequently writing off the loan. The amount written off is not deductible for corporation tax purposes and has been added back in the company’s tax computation in accordance with HMRC rules.

For the year ending 31 May 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

These financial statements were approved by the board of directors and authorised for issue on 17 September 2025 , and are signed on behalf of the board by:

K Patel
Director

Company registration number: 08529354

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 10 Cliff Parade, Wakefield, West Yorkshire, WF1 2TA.